The Hang Seng Index has been in an uptrend this year as global investors rotated to equities. It jumped to the year-to-date high of $25,750, much higher than the 2023 low of $14,515.
Swedish budget furniture retailer IKEA opened a digital store on Chinese ecommerce platform JD.com on Friday, as it expands its presence on third-party online shopping sites in China to draw in new customers with cut-price products.
Chinese retailer JD.com plans to open five discount superstores in two Chinese cities, marking its latest move into new segments as competition intensifies in its core e-commerce market.
Recent trade conflicts heighten uncertainties for both JD.Com (JD) and PDD Holdings (PDD). The more uncertain the time, the more we found insights from Peter Lynch to be timeless – and also timely. With a 5-point comprehensive check following Lynch's insights, we believe PDD is better positioned for future uncertainties.
BEIJING, July 31, 2025 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced that it plans to release its unaudited financial results for the three months and six months ended June 30, 2025 on Thursday, August 14, 2025, before the U.S. market opens.
JD.com, the Chinese e-commerce giant controlled by billionaire Richard Liu, has proposed to acquire Ceconomy in a deal that values the German electronics retailer at €2.2 billion ($2.5 billion).
Ceconomy expects EU competition authorities to examine JD.com's plans to take it over, said the German company's CEO, Kai-Ulrich Deissner, on Thursday.
China's JD.Com said on Wednesday it will acquire German electronics retailer Ceconomy at 4.60 euros per share.
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